Chapter 7: Contract and Procurement Management. Many times it is the project manager that is on the buying end of the project. Most of the time we think of projects as work that we are doing to produce a set of deliverables that will be delivered to some organizations. However, often the project manager is required to hire another project manager to produce goods and services for his or her organization. When this is done, the roles and responsibilities of the project managers change somewhat. It is necessary to have assurance that the hired project manager and his or her team will. | CHAPTER Contractand Procurement Management Many times it is the project manager that is on the buying end of the project. Most of the time we think of projects as work that we are doing to produce a set of deliverables that will be delivered to some organizatk ever often the project manageris requiredto hire another projert mnnager toprndure gppdstuidsondcesforhis or hre organization. Whet thisin donr thetoles ang responsibilitiesrfthe puejeet managers nPannetomewnot. Itnneceesinyto Slrveersurmceihotthe hired pi-oi - Perttoun r wlie1 ii eefuirod. Cootoacr noeWr us redtie awey ot mtedngageeen eieue canbe depenPedrm AftorconeideeihotheneeUtoprgeeun nenriy W ufthe logai eynsems oftPeeivtllred worH ere designed ro make comma ou fluw encheeesohaUie ewranf elfm vroektoivdongc goods gndieevicrsen e mutgollgbeuofiriel weg. THsIs yultedcnmntesee. Contraott am bindinoagrormenssPetwerotwc ormore arj s .t t i terms pfacontract eie non enly Oindtngdut edfoecfuglebgduelrnai syntem and oon eurte. let Ctiseseore coi the tdd re economywoulgtocd collapse Utedtglit sepropertyand she enforcement dfcynnutdls do one wouldbe apanyteenyagueemenngeeodte the otdoe pneSKy tothe egreement mighschidge thetr mints. Tnit ehepter hmtwo yertsiCgnleaet Manayemem tod nrocmemem Manademeyt. 181 182 Preparing for the Project Management Professional Certification Exam Contract Management The first thing we should have is a definition of a contract. Texts on business define a eon me as be en eornpe. tent parties for consideration toaccompliscsomelawful purpose with the terms clearly setforth. First oa all the rontroct is an agreemrnt. This mtans tart thepaaties involvedmust havsa mcrtma oO the minesand decide taatshey willdatPe things ant fortC ty the stnteact. By this definition no contract can be forced on someone If aisykindoffoecing osroertlan iadonc dtere .
